ft THE WORLD'S LARGEST READ DAILY Jagran November 13,2019 1) Manager-CRD, BSE Ltd., Re: Jagran Prakashan Limited Phiroze Jeejeebhoy Towers, Scrip Code: 532705 Dalal Street, ISINNo.: INE199G01027 Mumbai-400001 2) Listing Manager, National Stock Exchange of India Ltd., Re: Jagran Prakashan Limited 'Exchange Plaza' Symbol: JAGRAN Bandra Kurla Complex, ISIN No.: INE199G01027 Bandra (E), Mumbai-400 051 Dear Sir/Ma'am, Sub.: Intimation to Stock Exchange - Press Release in connection with Un-audited Standalone and Consolidated Financial Results for the quarter / half-year ended September 30, 2019. Please find enclosed herewith the copy of Press Release in connection with Un-audited Standalone and Consolidated Financial Results for the quarter / half-year ended September 30, 2019. Kindly take the above on your record. Thanking You, For Jagran Prakashan Limited (AMIT JAISWAL) Company Secretary & Compliance Officer Membership No.: F5863 Encl.: As Above PRINT OUT OF HOME Jagran Prakashan Ltd CIN: L22219UP1975PlC004147 ACTIVATION Jagran Building, 2 Sarvodaya Nagar, Kanpur 208 005 E-mail: [email protected] MOBILE T +91 512 3941300 F +91 512 2298040, 2216972 Registered Office www.jagran.com www.jplcorp.in 2, Sarvodaya Nagar, Kanpur 208 005, Uttar Pradesh, India ONLINE Press Release Jagran EARNINGS RELEASE FOR Q2FY20 " Consolidated Operating Revenue Rs. 514.50 crores Consolidated Operating Profit Rs 90.12 crores Consolidated PAT Rs 125.78 crores New Delhi, November 13, 2019; Jagran Prakashan Limited (JPL) (BSE SCRIP ID: 532705; NSE SYMBOL: JAGRAN), publishers of 'Dainik Jagran', India's largest read newspaper (Source: IRS2019 Q2), has reported the quarterly results for the quarter ended 30th September 2019. Commenting on the performance of the company, Mr. Mahendra Mohan Gupta, Chairman and Managing Director, JPL said, "Macro environment deteriorated further in Q2 which became still worse because of unprecedented floods in many parts of the country. Steps that could have been taken to mitigate the impact of prolonged slowdown were containing the de-growth in advertisement revenue, controlling the cost, increasing the cover price and efficient management of funds coupled with minimising the debt. I am happy that the team worked tirelessly on each of these fronts. As a result, we could keep the de-growth in advertisement revenue lowest amongst the peers and fixed cost almost at the same level as it was in HIFYI9. Benefit of reduction in newsprint prices will get fully reflected in H2. We have also reduced the debts by over Rs.200 crores by utilising cash generated from operations during HI. Tax rate cut was a welcome step by the government as it could meaningfully compensate many of the corporates for loss of revenue. Your company has benefited more than any of other media companies because of higher deferredtax liability. Given that the festive season, the second important event after general elections in the current fiscal, has been disappointing, we should not expect recovery soon but we remain committed to deliver the best under the circumstancesand distributethe surplus cash." JAG RAN PRAKASHAN LIMITED - RESULTSQ2FY20 Press Release Jagran- FINANCIAL IDGHLIGHTS Stand Alone Q2FY20 (all comparisons with Q2FY19) • Operating Revenues at Rs 433.10 crores as against Rs 451.71 crores. • Advertisement Revenues at Rs 294.45 crores as against Rs 302.77 crores. • Circulation Revenues at Rs 102.71 crores as against Rs 104.48 crores. • Other Operating Revenues at Rs 35.94 crores as against Rs 44.46 crores. • Digital Revenue at Rs 9.08 crores as against Rs 10.71 crores.* • Operating Profit at Rs 70.34 crores, up by 0.4% from Rs 70.05 crores. • PAT at Rs 96.57 crores, up by 185.2% from Rs 33.86 crores. • EPS (non-annualized) ofRs 3.25, up by 187.6% from Rs 1.13. * included in Advertisement Revenue HIFY20 (all comparisons with HIFY19) • Operating Revenues at Rs 921.88 crores as against Rs 951.97 crores. • Advertisement Revenues at Rs 636.79 crores as against Rs 651.74 crores. • Circulation Revenues at Rs 205.40 crores as against Rs 208.19 crores. • Other Operating Revenues at Rs 79.69 crores as against Rs 92.05 crores. • Digital Revenue at Rs 19.41 crores as against Rs 19.73 crores. * • Operating Profit at Rs 185.35 crores as against Rs 202.70 crores. • PAT at Rs 156.03 crores, up by 42.2% from Rs 109.70 crores. • EPS (non-annualized) ofRs 5.26, up by 46.9% from Rs 3.58. * included in Advertisement Revenue JAGRAN PRAKASHAN LIMITED- RESULTSQ2FY20 2 Press Release Jagran" Consolidated Q2FY20 (all comparisons with Q2FY19) • Operating Revenues at Rs 514.50 crores as against Rs 553.45 crores. • Advertisement Revenues at Rs 308.97 crores as against Rs 321.48 crores. * • Circulation Revenues at Rs 107.19 crores as against Rs 110.42 crores. • Other Operating Revenues at Rs 36.71 crores as against Rs 44.52 crores. • Digital Revenue at Rs 10.02 crores as against Rs 11.48 crores. • Operating Profit at Rs 90.12 crores as against Rs 99.60 crores. • PAT at Rs 125.78 crores, up by 180.3% from Rs 44.88 crores. • EPS (non-annualized) ofRs 4.11, up by 204.3% from Rs 1.35. * Represents advertisement revenue from print and digital. HIFY20 (all comparisons with HIFY19) • Operating Revenues at Rs 1098.78 crores as against Rs 1156.01 crores. • Advertisement Revenues at Rs 671.73 crores as against Rs 691.69 crores.* • Circulation Revenues at Rs 215.78 crores as against Rs 220.10 crores. • Other Operating Revenues at Rs 81.05 crores as against Rs 92.07 crores. • Digital Revenue at Rs 20.93 crores as against Rs 21.03 crores. • Operating Profit at Rs 231.22 crores as against Rs 263.15 crores. • PAT at Rs 191.53 crores, up by 43.8% from Rs 133.23 crores. • EPS (non-annualized) ofRs 6.29, up by 34.5% from Rs 9.60. * Represents advertisement revenue from print and digital. JAGRAN PRAKASHAN LIMITED- RESULTSQ2FY20 3 Press Release A Jagran Operating Revenue and Operating Profit from major businesses: Rs.in Crores Q2FY20 QIFY20 Q2FY19 Dainik Jagran* Operating Revenue 341.48 389.44 351.58 Operating Profit 72.94 114.41 77.74 Operating margin% 21.36% 29.38% 22.11% Other publications* (Midday, Naidunia, l-Next, Operating Revenue 75.48 82.59 81.86 Punjabi Jagran, Inquilab- Operating Profit -1.14 2.87 -0.95 North & Sakhi) Operating margin% -1.51% 3.47% -1.17% Radio Operating Revenue 62.53 69.78 80.14 Operating Profit 18.52 22.36 26.57 Operating margin% 29.61% 32.05% 33.15% Digital Operating Revenue 10.02 10.91 11.48 Operating Profit -1.25 -1.45 -2.95 Operating margin% -12.47% -13.27% -25.74% Outdoor and Event Operating Revenue 28.92 34.57 33.27 Operating Profit 1.02 2.85 -0.83 Operating margin% 3.53% 8.24% -2.50% * Excludes Digital. Summary of financial performance of Music Broadcast Limited: Rs. In crores Profit & Loss Account Q2FY20 QIFY20 Q2FY19 OperatingRevenue 62.53 69.78 80.14 Expenses 44.02 47.42 53.57 Operating Profit 18.51 22.36 26.57 Other Income 4.99 3.29 3.60 Depreciation 8.67 8.59 6.70 Interest 2.65 2.57 1.39 Profit Before Tax 12.18 14.49 22.08 Tax -6.32 6.06 8.70 Profit After Tax 18.50 8.43 13.37 Operating Profit Margin 29.59% 32.05% 33.15% Net Profit Margin 27.40% 11.54% 15.97% JAG RAN PRAKASHAN LIMITED- RESULTSQ2FY20 4 Press Release Jagran Summary of financial performance of Midday Infomedia Limited: " Rs. In crores Profit & Loss Account Q2FY20 QIFY20 Q2FY19 Operating Revenue* : Advertisement 15.46 20.95 19.20 Circulation 4.48 5.90 5.94 Other Operating Income 0.83 1.16 0.72 20.77 28.01 25.85 Expenses 19.59 24.36 22.95 Operating Profit 1.18 3.65 2.91 Other Income 0.15 0.11 -0.23 Depreciation 1.66 1.64 1.33 Interest 0.87 0.87 0.04 Profit Before Tax -1.20 1.25 1.31 Tax 0.02 0.36 0.39 Profit After Tax -1.22 0.89 0.92 Operating Profit Margin 5.68% 13.03% 11.24% Net Profit Margin -5.84% 3.18% 3.59% • Q2 FY 20 does not include revenue from Inquilab (North) publication of which is now with the Company for administrativeand operationalefficiencies. Awards and Recognitions during Q2FY20 Recognising Group's leadershipposition in different businesses, various distinguishedbodies have bestowed 46 Awards upon the Group duringthe quarter as follows: Brand Award No. of Awards Dainik Jagran Mediabrands Awards 14 Indian Content Marketing Awards 15 Echo Asia Awards 4 ET Shark Awards 2 Dainik Jagran Total 35 Radio City Great Placeto Work Women 2019 1 Master of Modem MarketingAwards 1 Radio City Total 2 Jagran New Media ICL 2019 - India Content Leadership Awards and (Digital) Conference 3 Master of Modem MarketingAwards 1 BW Businessworld 1 Digipub awards 2019 1 Inkspell-Building Business Blockbusters 1 Jagran New Media Total 7 JAG RAN PRAKASHAN LIMITED - RESULTSQ2FY20 5 Press Release ft Jagran Jagran Solutions Eemax GlobalL 2019 1 Jagran Solutions Total 1 Jagran IT Team CIO 100Award, IDG 1 Jagran IT Team Total 1 Total , 46 About Jagran Prakashan Limited Jagran Prakashan Limited is a media conglomerate with interests spanning across printing and publication of newspapers & magazines, FM Radio, Digital, Outdoor Advertisingand Promotional marketing / Event management/ on ground activationbusinesses. The Group publishes 8 newspapers and a magazine from 37 different printing facilities across l3 states in 5 different languages.